brian4 Posted January 6, 2003 Report Share Posted January 6, 2003 A long time ago Aussie Bear-but I've never forgotten! Link to comment Share on other sites More sharing options...
The End Posted January 6, 2003 Report Share Posted January 6, 2003 B4, I will sell another call (jan) and buy another put (march) should we reach 925ish tomorrow. Don't pay any attention to me. We could go alot further :grin: Link to comment Share on other sites More sharing options...
PileDriver Posted January 6, 2003 Report Share Posted January 6, 2003 If anyone is interested in making money hand over fist so fast that it'll make your head spin short... BBH It's time baby - this pig is way overdue and signalling major decline. I'm sure Meta will agree. I'm holding my four screamers as I start adding my shorts this week into doomed rally strength. The former being my Preparation-H Link to comment Share on other sites More sharing options...
brian4 Posted January 6, 2003 Report Share Posted January 6, 2003 I agree END-in fact 925 I sell all my calls and buy March puts. Trade Safe! Link to comment Share on other sites More sharing options...
wndysrf Posted January 6, 2003 Author Report Share Posted January 6, 2003 Pile: I don't like the looks of BBH. That thing could break either way..... Japanese Supermodels are flying. Good day for the SOX tomorrow.... Link to comment Share on other sites More sharing options...
The End Posted January 6, 2003 Report Share Posted January 6, 2003 Pile, Your comment about BBY should be sent to Anoscope. He owns it in his 401k. Link to comment Share on other sites More sharing options...
slinger Posted January 6, 2003 Report Share Posted January 6, 2003 Monday should be interesting, it looks like the PPO, Stochastics, and ADX will be duking it out. Whatever happens, I will be paying close attention to Doc's cmaps to help me figure out which way this market will break. Doc's cmaps make me money. Reading the anal cyst's predictions (starting on page 3B) in the USA Today (page 1B) last week look like most of them are by the graveyard or . I subscribe to Doc's cmaps and they help keep me level headed during the trading day. Have you subscribed yet? Link to comment Share on other sites More sharing options...
wrecked him Posted January 6, 2003 Report Share Posted January 6, 2003 Slinger; Have a look at the ADX on the daily chart The ADX on the daily chart continues to fall which suggests that the rally is not real. Link to comment Share on other sites More sharing options...
slinger Posted January 6, 2003 Report Share Posted January 6, 2003 Wrecked Him, On your daily chart, the ADX green line crossed up the red line (which is a bullish signal), unfortunately. Link to comment Share on other sites More sharing options...
Guest AssMaster Posted January 6, 2003 Report Share Posted January 6, 2003 Doesn't the ADX black line indicate trend strength or something - higher = strong trend either up or down, lower = low trend strength either up or down? Excuse me, I'm new here. :grin: Link to comment Share on other sites More sharing options...
The End Posted January 6, 2003 Report Share Posted January 6, 2003 Slinger, NOT ALWAYS! Check out August 18th on his chart. :wink2: Link to comment Share on other sites More sharing options...
summoner Posted January 6, 2003 Report Share Posted January 6, 2003 my take for what its worth... hard up days mon and tues with big time feed wed after the bushman s speech... this will have shorts scrambling and suck in the remaining longs..will look to ladder into spx mar 950 puts over the next three days...cant say how far they can magically levitate this pos but 950 would psychologically be the number to hose the greatest number of traders...max pain for JAN spx is 900 ...run it up this week and sell it off next...down hard on turdsday and friday as xmas retail numbers finally wake the slumbering bear... all iMHO of course ...currently short C and have MAR 25 JPM puts ..was fortunate enough to close my HD long thurs afternoon after viewing Schaeffers sentiment view on HD...whew JIT...TRADE SAFE ALL and HAPPY HUNTING Link to comment Share on other sites More sharing options...
slinger Posted January 6, 2003 Report Share Posted January 6, 2003 Assmaster, I usually ignore the black ADX line and just pay attention to the green DI+ and red DI- lines. This site explains it better than I can. Link to comment Share on other sites More sharing options...
slinger Posted January 6, 2003 Report Share Posted January 6, 2003 End, we can wish it isn't a bullish signal all we want, but then we are getting emotions involved and that is starting down the road to failure. Just trade what you see. On his chart, the green line (DI+) crossed up the red line (DI-) and that was a bullish signal that correctly predicted the short term trend that lasted for almost a week. Then on August 28th, the green line crossed back down the red line (which is bearish). I tend to trade off of the 60 min chart, since I don't like holding overnight, and since it allows me to lock in profits on the shorter swings. I hope that explained it better. Link to comment Share on other sites More sharing options...
PileDriver Posted January 6, 2003 Report Share Posted January 6, 2003 going up tomorrow, good thing I got my Preparation H (dongs) Why do I suddenly get the feeling that this is going to be another slow drawn-out top. Hopers and gamblers are a tenacious lot. Two can play at that game Link to comment Share on other sites More sharing options...
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